Intel Shares Gain 2.2% in Monday Afternoon Trading
22 Julio 2019 - 1:53PM
Noticias Dow Jones
By Stephen Nakrosis
Shares of Intel Corp. (INTC) are pushing higher in Monday's
market, after a pair of analysts' firms weighed in on the stock
earlier in the day.
At 2:07 p.m. ET, the company's shares were trading 2.2% higher,
at $51.38. Shares opened at $50, and were briefly in the red,
falling to $49.89, before climbing higher and joining most if its
peers in the green.
Before the bell Monday, Atlantic Equities said they were
initiating coverage of the company at underweight, with a price
target of $38 per share, as reported by Benzinga. Later in the
morning, Bank of America said they cut Intel's share price target
to $57 from $62, while maintaining a buy recommendation, as
reported by Benzinga.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 22, 2019 14:38 ET (18:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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